From City AM
''TENS of thousands of firms are set to go bust when interest rates
rise, taking hundreds of thousands of jobs down with them, business
troubleshooting group the Institute for Turnaround (IfT) has warned.
There are almost 150,000 zombie firms in the UK – businesses that are
fundamentally broken, and only still alive because ultra-low interest
rates are holding down their debt repayments.''
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